Global Aircraft Ground Handling System Market Huge Growth 2018-2024 Top Key Players are CargoTec, Swissport, Aero Specialties, Air+Mak Industries, Bhadra, Bharat Earth Movers, Cavotec, Celebi, Dnata, JBT AeroTech, John Menzies, PrimeFlight, RampSnake

Market Overview:-

Aircraft Ground Handling System Market players are investing heavily in R&D activities for various sustainable equipment including battery-operated trucks and tugs for the reduction in carbon emissions and fuel consumption costs. The usage of advanced optimizations equipment and software programs are increasing as they are synchronized to handle increasing traffic.

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Cargo handling dominated the aircraft ground handling system market and is anticipated to continue the same over the forecast timeframe. The high revenue generation can be attributed to the continuous development of innovative equipment for diverse applications. Few cargo handling equipment include containers, lift trucks, pallet trailers & caster bed, scissor lifts, and rollers. Aircraft handling is projected to exhibit the highest growth rate from 2017 to 2024 owing to continuously increasing aircraft fleet for catering the travelling demand. Increasing passenger traffic & turnarounds has resulted in the development of innovative and efficient aircraft handling equipment.

Top Key Players:-

The key players of global Aircraft Ground Handling System Market are Aero Specialties, Inc., Air+Mak Industries, Bhadra, Bharat Earth Movers Ltd., CargoTec, Cavotec SA, Celebi, Dnata, JBT AeroTech, John Menzies, PrimeFlight, RampSnake, SATS Ltd., Swissport

Regional Segmentations:-

Asia Pacific accounted for approximately 26% revenue share in 2016 and is poised to grow at highest CAGR of 7% over the forecast timeframe owing to rising population, increasing prominence of air travel, and increasing airport construction across the region. Integration of innovations in ground handling in countries including China and India will further support the industry growth. Expansion & modernization of airport infrastructure along with rising investments on infrastructural development will provide the industry with the stable future growth prospects over the next seven years.

North America dominated the industry in 2016 and is anticipated to continue its dominance over the forecast timeframe. Rising focus of airport authorities towards advancements in operations’ efficiency for catering to the rising demands of passengers will support the industry dominance. Additionally, in 2015, the 10 busiest airports in the U.S. handled approximately 297 million passengers. Similarly, Canada’s top 10 busiest airports handled around 111 million passengers in the same year, thus supporting the high revenue generation in the region over the next seven years.

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Major Points of Table Of Content:-

Chapter 3. Aircraft Ground Handling Systems Industry Insights

3.1. Industry segmentation
3.2. Industry size and forecast, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Distribution channel analysis
3.3.2. Vendor matrix
3.4. Technology & innovation landscape
3.4.1. Incorporation of sensors in ground handling vehicles and boarding bridges
3.4.2. Towbarless aircraft towing
3.4.3. Remote control aircraft tugs
3.5. Regulatory landscape
3.5.1. U.S.
3.5.2. EU
3.5.2.1. EU Directive 96/97/EC
3.5.2.2. EU Ground Handling Directive
3.5.3. China
3.6. Industry impact forces
3.6.1. Growth drivers
3.6.1.1. Increasing commuters globally
3.6.1.2. Expansion and modernization of airports
3.6.2. Industry pitfalls & challenges
3.6.2.1. High initial costs
3.6.2.2. Quality issues and shortage of ground handling systems
3.7. Growth potential analysis
3.7.1. Business models
3.8. Porter's analysis
3.9. Competitive landscape, 2016
3.9.1. Strategy dashboard
3.10. PESTEL analysis

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The industry faces constant threat of collisions of aircraft with the ground handling equipment that lead to major losses. The manufacturers are pushed to use innovative technologies that include Aircraft Proximity Detector (APD) that provides information about approaching obstacles. However, excessive initial costs coupled with expensive replacement for this equipment is projected to impact the industry growth negatively over the forecast timespan. Moreover, shortage and quality issues associated with these systems may further hamper the growth.

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